That is all...
Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.
The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.
Riiiiight because people will just flock back to them for one or two games per year.
15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.
These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse
The charity event will be streamed live from Gamescom in August.
Thanks to the slip-up of an artist working on the title, we now have more evidence that a new Injustice game is in the works.
It's not just shady ways of getting games early, or even people just grabbing a copy early at a gamestore they work at, there are a lot of retailers (mainly online, but some in-store) that send away or sell games early. One online store I know (I won't name it) seems to send away their pre-orders (when they're supposed to reach the buyer on a Friday) almost 4 days before, when they usually reach that buyer a day later, unless they're in a different country. There are one or two stores in London too that seem to sell off new games the day before the street release date too.
I just find the whole point of street dates stupid now really. You make good points on leaderboards (mainly in regards to those leaderboards which are connected to competitions, stuff like CoD isn't really important apart from ego, those are almost always hacked anyway) but since there are often a few ways to get games early and stores that don't really seem to care when they send their stock (since obviously those that do it aren't getting in much trouble for it) you just have to get on with it really.
I was thinking myself before that I'd prefer it if stores were told they would get their stock from the developers at a certain time (say a certain week) and that they could just send it away or sell it whenever they got it (trust me I know it's by no means a perfect idea, in fact there are loads of problems with it lol) but there aren't many solutions to it when people always seem to find ways of getting them early when they want to.